Tesla for years had more repeat U.S. customers than any other major automotive brand but its loyalty has plunged since CEO Elon Musk endorsed U.S. President Donald Trump last summer, according to data from research firm S&P Global Mobility shared exclusively with Reuters. The data, which has not been previously reported, shows Tesla’s customer loyalty … Read more
FILE PHOTO: Tesla has suspended taking new orders for Model S and Model X vehicles on its Chinese website. | Photo Credit: AP Tesla has suspended taking new orders for Model S and Model X vehicles on its Chinese website, Reuters checks showed on Friday, as the world’s two largest economies exchange blows in a … Read more
The lawsuit accuses Tesla of repeatedly making false statements. (File) | Photo Credit: REUTERS In a victory for Tesla, a judge has ruled that a group of vehicle owners must pursue claims that the company misled about its Autopilot features in individual arbitration rather than court. The ruling means Tesla will not have to face … Read more
Musk claims he seems to have breached the first barrier at least. Last week, amidst the humdrum surrounding coronavirus, Elon Musk made an announcement that may prove to be a game-changer for the internet. Famous for revolutionizing the electric car industry and space exploration, Tesla’s founder announced that his company had launched 60 more satellites … Read more